Adaro sets bond terms after closing $500m loan

Coal miner Adaro Indonesia is targeting a 10 year maturity on its pending dollar bond sale, the company said on Monday, after signing a $500m loan late last week.

05 Oct 2009

The Ba1/BB+ rated issuer is planning to sell 10 year non-call five bonds after meeting investors on a roadshow starting on Wednesday. Bookrunners Credit Suisse, DBS, OCBC UBS will travel with officials from the company to meet with bond buyers in Singapore, Hong Kong, London, New York and
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